Palm Coast Property Management Blog

Are you deliberating turning your principal place of residence (PPOR) into a rental property? Many homeowners use vacant properties or space within their homes to set up a passive rental income stream.Each homeowner has a different situation, which requires different preparations. For instance, some buyers actualize the high-yielding pote...

Natural disasters are no one's friends; they are as ruthless for tenants as they are for the landlord. They cause billions of dollars of damage every year, however, as a landlord, you can take certain precautions to limit the damage. The financial, as well as the emotional toll of a natural disaster, is the hardest thing. Still, with ...

Like every commodity you own, your rental or residential property also has a lifespan. It’s a fact that your personal residential property has a longer lifespan than your rental, and the simple reason for that is the amount of wear and tear on both. When we talk about a rental property, we know it changes hand either every month or ...

Renting out the spare room in your house might seem like the perfect solution to earn a little extra money, but is it really? You have the room, you do not use it, so why not earn a few dollars from it. For landlords it is easy money, for individual renters it is cheaper than renting out a full unit. However, not everything is full of ben...

If you are looking for long-term tenants, there is no perfect target audience then a family with kids. Most families with kids prefer to stay in one place for years as they do not like moving kids from one place to another every year. It is hard on the parents as well as on the kids to pack and unpack every year. To change a familiar plac...

The worst nightmare of any landlord, after repair and maintenance issue, is not finding a tenant in time. In the parallel universe, the landlords have no problem finding the right tenant as soon as the previous one vacates the house, in our universe, it is never this easy. When tenants move out, the landlord starts losing sleep, beca...

Maintaining a rental property  is not only the duty of the landlord, but it also the responsibility of the tenant. A messy house, no matter how well-maintained, will never look immaculate. There are times when tenants cannot see the difference between clutter and hoarding, and most of the time, the landlord must bear the consequences...

Corona-virus has put a stop to everything; life has come to a point where nothing is moving or too scared to move. The real estate is no different, vacancy rates have gone up, and the occupancy rates have gone down in the past six months. The vacancy rate directly affects your real estate’s income; a lower vacancy rate means hi...

Solar power, water efficiency gadgets, or advanced insulation were all considered an extra expense for a rental. Why? Because the landlord, as well as the tenants, were least bothered. These installations aren’t cheap; hence they take a toll on profits, and it takes time to recover from them. Also, because the tenants weren’t ...

According to many landlords, as well as property managers, the perfect tenant doesn’t exist. However, that’s not the case. They do exist, but there is a proper way of getting them into your house. No one said it was easy; finding the ideal tenant can be a challenging job, one that takes time and effort both, but it’s not...